Antofagasta (FRA:FG1) Shares Outstanding (EOP): 986 Mil (As of Dec. 2025)


FRA:FG1 Antofagasta PLC FRA:FG1
88 GF Score
Price €46.01
GF Value €29.08
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Antofagasta Shares Outstanding (EOP)?

Antofagasta FRA:FG1 +4.93% 88 Shares Outstanding (EOP) is 986 Mil as of Dec. 2025. GuruFocus rates FRA:FG1 with a GF Score™ of 88/100 and a GF Value™ of €29.08 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Antofagasta's shares outstanding for the quarter that ended in Dec. 2025 was 986 Mil.

Antofagasta's quarterly shares outstanding stayed the same from Jun. 2025 (986 Mil) to Dec. 2025 (986 Mil).

Antofagasta's annual shares outstanding stayed the same from Dec. 2024 (986 Mil) to Dec. 2025 (986 Mil).


Antofagasta  (FRA:FG1) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Antofagasta Shares Outstanding (EOP) Related Terms


Antofagasta Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Antofagasta's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Antofagasta Shares Outstanding (EOP) Chart

Antofagasta Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 985.86 985.86 985.86 985.86 985.86

Antofagasta Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 985.86 985.86 985.86 985.86 985.86

FRA:FG1 vs SCCO, FCX: Shares Outstanding (EOP) Comparison

For the Copper subindustry, Antofagasta's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Antofagasta Shares Outstanding (EOP) vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Antofagasta's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Antofagasta's Shares Outstanding (EOP) falls into.


FRA:FG1
88GF Score
Antofagasta PLC FRA:FG1
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Antofagasta Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 986 Mil mean?
Antofagasta (FRA:FG1) has a Shares Outstanding (EOP) of 986 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Antofagasta and its competitors.
Is Antofagasta's Shares Outstanding (EOP) too high?
Antofagasta's current Shares Outstanding (EOP) is 986 Mil. Overall, Antofagasta has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antofagasta's Shares Outstanding (EOP) compare to SCCO and FCX?
Antofagasta's Shares Outstanding (EOP) of 986 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Metals & Mining company?
A good Shares Outstanding (EOP) depends on the Metals & Mining industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Antofagasta and its competitors. Antofagasta's current Shares Outstanding (EOP) is 986 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antofagasta stock overvalued right now?
Based on GuruFocus' analysis, Antofagasta (FRA:FG1) is currently considered Significantly Overvalued. The stock's GF Value™ is €29.08, compared to a current price of €46.01 — trading 58.2% above its estimated fair value. The current Shares Outstanding (EOP) is 986 Mil. Antofagasta's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Antofagasta (FRA:FG1), the current Shares Outstanding (EOP) is 986 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Antofagasta (FRA:FG1) Overvalued in 2026?

Based on GuruFocus' analysis, Antofagasta stock appears to be overvalued. The current stock price of €46.01 is trading 58.2% above its estimated GF Value™ of €29.08. GuruFocus considers Antofagasta to be Significantly Overvalued.

Key valuation signals for FRA:FG1:

  • Shares Outstanding (EOP): 986 Mil
  • GF Value™: €29.08 vs. price of €46.01 (58.2% above fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the FRA:FG1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Antofagasta Business Description

Address 103 Mount Street, London, GBR, W1K 2TJ
Antofagasta PLC is a Chilean copper mining company. The company operates four copper mines in Chile, two of which produce volumes of by-products. The company also has a portfolio of growth opportunities located mainly in Chile. In addition to mining, the company has a transport division providing rail and road cargo services in northern Chile to mining customers. Geographically, the company's operations are located in the Antofagasta Region of northern Chile except for its flagship operation, Los Pelambres, which is in the Coquimbo Region of central Chile. The operating business segments are Los Pelambres, Centinela, Antucoya, Zaldivar, Exploration and evaluation, Corporate and other items, and Transport division.
88GF Score

Get the complete analysis for FRA:FG1

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€46.01
Price
€29.08
GF Value